📊 $BTC Technical Setup | Bearish (Short) 📊
🔴 Pair: $BTC
⚡ Market Bias: Bearish (Short)
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Zone: $77827.99
🎯 Target 1: $77298 (+0.68%)
🎯 Target 2: $77000 (+1.06%)
🎯 Target 3: $76500 (+1.71%)
⛔ Invalidation / Stop: $78331 (-0.65%)
━━━━━━━━━━━━━━━━━━━━━
📈 Technical Context:
Convergence of bearish momentum indicators and aligned moving averages confirms dominant selling pressure. Elevated volume validates institutional flow, targeting the critical $77,000 support with a structural stop above the 50-period EMA.
👉 Follow on Square & Socials: @notfoundbiel for daily crypto market analyses!
$BTC #Crypto
🔴 Pair: $BTC
⚡ Market Bias: Bearish (Short)
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Zone: $77827.99
🎯 Target 1: $77298 (+0.68%)
🎯 Target 2: $77000 (+1.06%)
🎯 Target 3: $76500 (+1.71%)
⛔ Invalidation / Stop: $78331 (-0.65%)
━━━━━━━━━━━━━━━━━━━━━
📈 Technical Context:
Convergence of bearish momentum indicators and aligned moving averages confirms dominant selling pressure. Elevated volume validates institutional flow, targeting the critical $77,000 support with a structural stop above the 50-period EMA.
👉 Follow on Square & Socials: @notfoundbiel for daily crypto market analyses!
$BTC #Crypto